Feston and his VisionFund Malawi loan officer in front of his store.

Business Diversification Through Business Loan

In 2016, Feston was facing challenges in running his business. He suddenly had no access to credit, as the microfinance institution he was borrowing from had been liquidated.

“I have a hawker shop that I run, and it was not easy to have stock in the shop considering the financial crisis that I was going through,” recalls Feston.

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Malawi

Lilongwe

Capital City

18.1 million

Population, total

7.1 billion

GDP (current US$)

VisionFund Malawi is a Christian owner-operated mission-driven microfinance network working with caregivers in hard to reach, impoverished locations so they can create secure futures for their children. Inspired by Christian values, we are dedicated to working with the most vulnerable families and communities regardless of religion, race, ethnicity gender, to create lasting change in their lives.

VisionFund serves low income clients living in vulnerable and rural communities by offering financial and livelihood solutions, delivered through our Network, World Vision and partners; empowering families to create income and jobs; and unlocking economic potential for communities to thrive. The products and services offered fall into five broad categories: microloans, savings programmes, microinsurance, training and education. Benefits include sustainable livelihoods, increased economic well-being, improved community well-being, decreased dependence on outside aid and restoration of hope and dignity. 

Together with World Vision, we are focused on ending extreme poverty by 2030.